Markets & Finance

TCL Zhonghuan Renewable Energy is Maxeon's largest shareholder and invested almost US$200 million in the company this year.

Board chair Christine Detrick cited an "ongoing disconnect between the share price and our view of intrinsic value."

The US added 18.5GWac of utility-scale solar capacity in 2023, and added 14.3GWac of such capacity in the first eight months of 2024.

In its World Energy Outlook 2024 report, the IEA said that geopolitical tensions and fragmentation are “major risks” for international energy supply security

As has been the case in many of Germany’s recent solar PV auctions, the innovation tender ended up oversubscribed with 1.8GW of capacity.

The decision has been forecast for some months and was welcomed today by Holland Solar, the Dutch solar association, which acknowledged that the current scheme is “no longer sustainable”.

Independent power producer BNZ has closed a financing deal worth €680 million (US$741million) to fund its ongoing solar portfolio expansion plans in southern Europe.

France installed 4GW of solar PV capacity in 2023, a “record” according to the International Energy Agency (IEA).

The EU would benefit from policies to develop 'nature-inclusive solar', according to SolarPower Europe and the Nature Conservancy.

Polysilicon prices have remained stable following a slight increase in supply, according to the latest figures.